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PM Gordon Brown announced a massive £16-billion sell-off of state assets including the Channel Tunnel rail link, to cut debt and help
pull Britain out of a deep recession.

"We plan a sale of assets to deal with our debt issues and ... £16 billion of assets will be sold within the next two years," Brown said. "We have listed a number of assets that we are determined over the next period of time to put into the market place.

Brown, who is among politicians forced to pay back some of his expenses, has asked MPs involved in dodgy financial claims to repay the amount, cautioning them that their defiance would only deepen distrust in the political system. Brown said, "Let's get it done, let's get it sorted out and let's get back to a system people have confidence in."


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